Armenia—Fiscal Balance (% of GDP)
Category: Fiscal & MonetarySource: IMF World Economic OutlookGlobal Rank: #149 of 192
Latest Value
-3.8%
2027
YoY Change
+15.6%
2026 → 2027
Global Rank
#149
of 192 countries
Maximum
-1.0%
2019
Minimum
-7.7%
2009
Last
-3.8%
Previous
-4.5%
Highest
-1.0%
Lowest
-7.7%
Unit
Percent of GDP
Source
IMF World Economic Outlook
Actual
IMF Forecast
Source: IMF World Economic Outlook
Historical Data
| Year | Value | Change |
|---|---|---|
| 2027 | -3.8% | +15.6% |
| 2026 | -4.5% | +18.2% |
| 2025 | -5.5% | -48.6% |
| 2024 | -3.7% | -85.0% |
| 2023 | -2.0% | +4.8% |
| 2022 | -2.1% | +54.3% |
| 2021 | -4.6% | +14.8% |
| 2020 | -5.4% | -440.0% |
| 2019 | -1.0% | +44.4% |
| 2018 | -1.8% | +62.5% |
| 2017 | -4.8% | +14.3% |
| 2016 | -5.6% | -16.7% |
| 2015 | -4.8% | -152.6% |
| 2014 | -1.9% | -18.7% |
| 2013 | -1.6% | -6.7% |
| 2012 | -1.5% | +48.3% |
| 2011 | -2.9% | +42.0% |
| 2010 | -5.0% | +35.1% |
| 2009 | -7.7% | -327.8% |
| 2008 | -1.8% | +21.7% |
| 2007 | -2.3% | -15.0% |
| 2006 | -2.0% | +0.0% |
| 2005 | -2.0% |
IMF Forecast
Projections from the IMF World Economic Outlook. These are staff estimates, not guarantees.
| Year | Projected Value | Change from Previous |
|---|---|---|
| 2026Forecast | -4.5% | +18.2% |
| 2027Forecast | -3.8% | +15.6% |
Top Countries — Fiscal Balance (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Kuwait | 26.5% | 2026 |
| 2 | Norway | 10.7% | 2026 |
| 3 | Nauru | 9.5% | 2026 |
| 4 | Macao SAR, China | 5.6% | 2026 |
| 5 | United Arab Emirates | 4.8% | 2026 |
| 6 | South Sudan | 4.1% | 2026 |
| 7 | Lesotho | 3.8% | 2026 |
| 8 | Liechtenstein | 3.2% | 2026 |
| 9 | Cyprus | 3.2% | 2026 |
| 10 | Singapore | 2.7% | 2026 |
About This Indicator
Definition
General government net lending/borrowing as a percentage of GDP. A positive value indicates a fiscal surplus; negative indicates a deficit.
Methodology
Revenue minus expenditure minus net acquisition of nonfinancial assets, as a percentage of GDP. A comprehensive measure of the fiscal balance.
Unit
Percent of GDP